Shell will open its first gas station in Mexico

by Canada1 @, Sunday, September 10, 2017, 10:32 (310 days ago) @ Mexalberta

And when the prices drop......say I am a shell franchisee, my in ground tanks a near empty, the tanker shows up and tops the tanks off and let's say for discussion purposes I pay $.60 a litre/gallon, taxes $.40 a litre/gallon and I am selling at $1.07 giving me a $.07 profit to pay utilities, staff etc., a week later retail Gas prices drop to $1.02 a litre/gallon, my $.07 profit has now dropped to $.02 a liter....I am now hoping the retail price doesn't drop anymore or I have a cash flow problem.........just saying.

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